Huayi Brothers Media Corp. , the first movie studio publicly traded in China, plans to invest 1 billion yuan ($148 million) building a nationwide chain of movie theaters, President James Wang said.
James Wang, a fixed-income trader at Yuanta Securities Co. in Taipei, comments on Taiwan’s bond market in a phone interview today.
Taiwan’s government bonds were little changed before the central bank meets today, with analysts predicting policy makers will leave borrowing costs unchanged. The currency weakened.
Taiwan’s bonds rose, pushing the five-year yield down from a 2011 high, as escalating conflict in the Middle East boosted demand for the safety of sovereign debt.
Taiwan’s government bonds were little changed before an auction of NT$30 billion ($1.1 billion) of 30-year notes today.
Taiwan’s 10-year bonds advanced for a third month as expectations U.S. interest rates will remain low boosted demand for long-dated debt.
"On a global basis, low cost carrier development in China is the slowest."
- James Wang on Jul 01, 2014